PM Launches Pradhan Mantri Sahaj Bijli Har Ghar Yojana Saubhagya

Beneficiaries shall be identified and their application for electricity connection along with applicant photograph and identity proof shall be registered on spot.

PM  Launches Pradhan Mantri Sahaj Bijli Har Ghar Yojana Saubhagya

Prime Minister Narendra Modi on Monday launched a new scheme Pradhan Mantri Sahaj Bijli Har Ghar Yojana –“Saubhagya” to ensure electrification of all willing households in the country in rural as well as urban areas here today.

REC Has Kept Loan Portfolio Fairly Diversified To Avoid Risk Concentration

Maharashtra utilities are REC’s biggest borrowers, with Maharashtra State Power Distribution Company and Maharashtra State Electricity Distribution Company between them owing Rs 23, 441 crore, or 11.28 per cent of loan book, to the state-owned non-banking finance company.

REC Has Kept Loan Portfolio Fairly Diversified To Avoid Risk Concentration

REC has fairly spread its loan exposure to avoid concentration of risks to a few borrowers. Some 10 state-owned utilities account for nearly 37 per cent of total loan amount owed to the company as at the end of June. Moreover, no single borrower accounts for more than 7 per cent of REC’s loan book.

1 2 3 4